India’s CAD projected at 1% of GDP for FY2025: CRISIL Report – Times of India
NEW DELHI: India’s current account deficit (CAD) is to remain in a safe zone at approximately 1 per cent of GDP for fiscal 2025, up from 0.7 per cent in the previous year, according to a report by CRISIL.While geopolitical risks will require close monitoring, the strong financial inflows and a steady services trade surplus…